LONDON (Alliance News) - KEFI Minerals PLC Monday said Ethiopia's Ministry of Mines has renewed its exploration licence for the Tulu Kapi gold project until May 2015. KEFI said the ministry also is in the process of renewing the strategic exploration licences adjacent to Tulu Kapi. Th Read More

UK MORNING BRIEFING: Sainsbury's Leads FTSE 100 Gainers

11th Jun 2014 07:31

LONDON (Alliance News) - Sainsbury's leads FTSE 100 gainers at the open Wednesday despite reporting its second consecutive decline in quarterly sales. However, the overall market has opened lower, depressed by a group of ex-dividend stocks such as Vodafone</ Read More

KEFI Minerals Buys Nyota's Remaining Stake In Tulu Kapi Gold Project

11th Jun 2014 06:54

LONDON (Alliance News) - Nyota Minerals Ltd Wednesday said it has entered a deal with KEFI Minerals PLC to sell its remaining 25% in the Tulu Kapi Gold project in Ethiopia for GBP1.5 million in cash and shares, after failing to fund its cash calls for the site. The gold exploration company Read More

Kefi Minerals Increases Targeted Production Rate At Tulu Kapi

14th May 2014 10:35

LONDON (Alliance News) - Kefi Minerals PLC Wednesday said it has increased the targeted open pit mine production at its newly acquired Tulu Kapi gold project in Ethiopia. The gold and copper exploration and development company, with operations in Saudi Arabia and Ethiopia, said its targeted Read More

Nyota Minerals Makes Significant Cuts To Overheads

30th Apr 2014 16:06

LONDON (Alliance News) - Nyota Minerals Ltd Wednesday said it made significant cuts to corporate overheads in the three month ended March 31, 2014. The Australia-based gold exploration and development company with operations in Ethiopia said it made good cuts to corporate overheads in the q Read More

Nyota Minerals Announces No Material Changes From Northern Block Report

31st Mar 2014 09:38

LONDON (Alliance News) - Nyota Minerals Ltd Monday said SRK Exploration has completed its Competent Person's Report on the company's Northern Block in Ethiopia and there have been no material changes to its previously reported data for the site. The gold exploration company in East Africa s Read More

UK MIDDAY BRIEFING: Sainsbury's Sales Slow But Won't Join Price War

18th Mar 2014 13:09

LONDON (Alliance News) - J Sainsbury PLC reported its first sales fall in nine years for the fourth quarter of its financial year, but Chief Executive Justin King said the grocer will not get caught up in the price war within the UK supermarket sector and will ensure competiti Read More

UK WINNERS & LOSERS: Cairn Energy Falls 12% As It Swings To Loss

18th Mar 2014 11:57

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Tuesday. ------- FTSE 100 - WINNERS J Sainsbury, up 0.8%. The food retailer is the latest of the big UK supe Read More

Nyota Slides As Shareholders Also Reject Placing Facility Proposal

18th Mar 2014 09:33

LONDON (Alliance News) - Nyota Minerals Ltd saw its shares fall sharply Tuesday after its shareholders voted against its remuneration plan and against its request to approve an additional 10% share placing facility. The gold explorer had said Monday that shareholders had passed a resolution Read More

UPDATE: Nyota Minerals Shareholders Vote Against Remuneration Plan

17th Mar 2014 17:43

LONDON (Alliance News) - Nyota Minerals Ltd said Monday that two non-executive directors, Norman Ling and Neil Maclachlan, have retired from the board, as previously announced, while shareholders have vote against a remuneration plan. The gold exploration and development company said the de Read More

Nyota Minerals Announces Retirements, Shareholders Vote Against Remuneration Plan

17th Mar 2014 13:43

LONDON (Alliance News) - Nyota Minerals Ltd said Monday, non-executive Directors Norman Ling and Neil Maclachlan have retired from the board, as previously announced, as shareholders vote against remuneration plan. The gold exploration and development company said the departures are integra Read More

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